Submitted by Dull_Ad1955 t3_zyt0jl in wallstreetbets
Everyone seems to enjoy posting “loss porn” here. I’ve been lurking for a long time but thought I would also add my woes to the pot. I got into trading back in 2020 and saw incredible gains. It seemed very easy at the time and my confidence grew. Even with COVID grinding the world economy to a halt, my share prices kept going up. Most of my investments were in tech and at one stage I was almost 200% up! I did take some profit and should have left it at that, but then I decided to dip back in and tried my hand at “penny stocks”. Unfortunately I have a job that required 100% of my attention for several weeks at a time. I saw my stocks rising high again and then foolishly didn’t see the dips and crashes coming. By the time I gave it my full attention I was down several thousand… I decided to leave it and wait for it to bounce back! Needless to say that did not happen. And I never found the balls to pull the plug at a loss. And so I watched those red numbers increase every day… I don’t know if I should realise this loss or hang in there… I suspect I’ll be looking at this account and these red numbers for several years. 😖 Lesson learned (the hard way).
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interwebzdotnet t1_j27q40o wrote
You are good at trading... You traded your money to someone else for red numbers.